Brooklyn FI LLC Invests $963,000 in ASML Holding (NASDAQ:ASML)

Brooklyn FI LLC acquired a new position in ASML Holding (NASDAQ:ASML) in the fourth quarter, Holdings Channel.com reports. The fund acquired 1,341 shares of the semiconductor company’s stock, valued at approximately $963,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in shares of ASML by 104.4% during the third quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company’s stock valued at $5,840,000 after acquiring an additional 3,580 shares in the last quarter. Thrivent Financial for Lutherans grew its position in ASML by 34.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 3,108 shares of the semiconductor company’s stock worth $2,589,000 after purchasing an additional 802 shares during the last quarter. Pathstone Holdings LLC increased its stake in ASML by 4.7% during the 3rd quarter. Pathstone Holdings LLC now owns 28,785 shares of the semiconductor company’s stock valued at $23,985,000 after purchasing an additional 1,284 shares in the last quarter. Prospera Private Wealth LLC raised its holdings in shares of ASML by 542.2% in the third quarter. Prospera Private Wealth LLC now owns 1,766 shares of the semiconductor company’s stock worth $1,472,000 after buying an additional 1,491 shares during the last quarter. Finally, Commerce Bank lifted its stake in shares of ASML by 6.6% during the third quarter. Commerce Bank now owns 3,589 shares of the semiconductor company’s stock worth $2,991,000 after buying an additional 222 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Price Performance

Shares of NASDAQ ASML opened at $734.91 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The stock has a market capitalization of $289.13 billion, a price-to-earnings ratio of 35.33, a PEG ratio of 1.62 and a beta of 1.54. The firm’s 50 day simple moving average is $731.54 and its 200-day simple moving average is $736.45. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. Analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a $1.5855 dividend. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio is presently 31.35%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on ASML shares. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Sanford C. Bernstein reduced their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. JPMorgan Chase & Co. dropped their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, Wells Fargo & Company lifted their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.